The infamous Alex Becker is back with another video, saying that FOMO is about to hit, and things are going to get really spicy, really fast. However, he points out that most crypto investors are not positioned to handle the heat when it arrives. So, to keep us from getting flustered, panicking, or fat-fingering away our gains, Becker has dropped some golden tips to make sure we do not end up as the “exit liquidity”. So, let us dive into all the alpha Becker has dropped to make sure we are among the 1% who make it.
Becker’s Playbook for the Bull Run
According to Becker, institutions are about to make some big moves, and it is crucial for all of us to understand that they do not play fair. As such, to ensure we are well-prepared and have a seat at the table, he has outlined a playbook that gives us a fighting chance. The strategy includes:
- Set Up a Cold Wallet – With exchanges often becoming unreliable during high-traffic times, having a cold wallet ensures that investors can manage and move their assets independently when needed.
- Open Multiple Exchange Accounts – Opening multiple exchange accounts with high trading and withdrawal limits helps avoid delays or restrictions when cashing out.
- Open Multiple Bank Accounts – To avoid bank account freezes, it is advised to set up multiple crypto-friendly bank accounts, ideally across different banks internationally, and conduct smaller, consistent transactions to minimize the risk of triggering AML alerts.
- Control Transfer of Funds – When transferring funds to or from exchanges or banks, send smaller amounts gradually instead of large sums to avoid triggering holds or red flags.
- Master the use of DEXs – Learning to use DEXs gives you the ability to trade directly from your self-custodial wallet, bypassing CEXs and providing more flexibility and control over your trades, particularly for smaller transactions or altcoins.
Pick Your Niches
When the circus begins, it is easy to get carried away by the next shiny thing. All narratives start looking really enticing, and in an effort to catch ’em all, we end up missing the train on the big ones. So, to make sure this does not happen to us this bull run, Becker advises that we pick just two or three niches and master them.
So, rather than jumping between dozens of coins and trends, focus on a few areas, and really get to know them. This will help you stay grounded, track your investments, and make smarter moves when the market goes wild.
Building a Network to Get Alpha
Crypto moves at a 100x pace, and to keep up, you need a constant stream of reliable alpha. So, Becker advises building a strong network right now, before the bull run begins. Instead of scrambling to find good info when things heat up, get into a handful of active Telegram or Discord groups filled with experienced traders who know what they are doing. This will allow you to acclimate yourself, learn what works for you, and establish valuable connections ahead of time.
Becker emphasizes that these groups will become your go-to for insider tips, real-time updates, and valuable insights that can give you the edge. Overall, by forming connections early, you would not be rushing to find credible sources during the hype.
Crash Course for Beginners
For those new to the crypto space, Becker offers a crash course to help you get ahead of the curve before the mania begins. To get started follow the steps below:
- Create a Twitter account – Crypto Twitter is where all the action happens, and you will need an account to engage with the community.
- Build a follow list – Follow reputable figures in the space—people who are authorities in specific niches, this will help you get a sense of who the key players are in the market.
- Observe and learn – Instead of relying on these accounts for tips, take time to watch and understand their insights, so see who they follow and who others in the space are paying attention to.
- Look for smaller, up-and-coming accounts – While larger accounts provide broad insights, the real gems are often from lesser-known figures who are picking up on trends early.
- Do your own research – Over time, you will start to understand the space better and know where to look and what to look at.
All in all, by following these steps, you will be well on your way to understanding the crypto space, knowing who to trust, and being prepared for the actual excitement of the bull run.
Bonus Tip for the Bull Run
To make sure we don’t become the OG degenerates we fear we might be and fumble an easy bag, Becker has outlined a key tip – resist the urge to chase “too good to be true” schemes.
He advises that once we cash out, keep our profits in either fiat, stablecoins, Bitcoin, or gold for at least 6 months before reinvesting. While these options might not be as thrilling as chasing flashy returns, they are far safer and ensure that we do not lose everything while trying to grab quick gains. Notably, this simple strategy could be the key to keeping our bag intact as the market heats up—only to eventually take a sudden U-turn.
Final Thoughts
In conclusion, Becker’s strategies offer a roadmap to not only survive but thrive in the upcoming bull run. Notably, by following these tips, you will have the knowledge, the connections, and the mindset to make it through the bull run without being burned. So, it is best to take note, prepare in advance, stay disciplined, stay smart, and get ready—because sh*t is about to hit the fan.
